Law, Tax, Compliance
Promoting careers in depositary banking: ABBL’s engagement with future talent
Published on 03 March 2025
Attracting and developing talent is essential for the long-term success of Luxembourg’s financial sector. As part of this effort, the ABBL actively engages with students and young professionals to showcase the diverse career opportunities available in banking, particularly in key areas such as depositary banking.
Summary
Bridging academia and industry
During his presentation, Bob highlighted:
- The role of depositary banks in safeguarding assets and ensuring regulatory compliance
- The wide range of career opportunities in depositary banking
- The skills and qualifications needed to succeed in the sector
- Luxembourg’s position as a leading financial hub offering international career prospects
These exchanges help bridge the gap between academic learning and industry needs, equipping students with the insights needed to pursue careers in banking and financial services.
The Depositary Banking Cluster: a key industry platform
The ABBL’s Depositary Banking Cluster (DBCL) plays a crucial role in supporting banks active in depositary and custody services. It serves as a collaborative platform where industry players can:
- Engage with regulators and stakeholders
- Develop policy and market guidelines
- Address regulatory challenges such as due diligence, asset qualification, and safekeeping obligations
Through these initiatives, the ABBL helps ensure the continued competitiveness and attractiveness of the sector, while also reinforcing Luxembourg’s reputation as a hub for financial expertise.
A long-term commitment to talent attraction
Attracting skilled professionals remains a key priority for the ABBL and its members. Initiatives like the Warsaw mission contribute to:
- Raising awareness about career opportunities in banking
- Encouraging young professionals to explore Luxembourg’s financial sector
- Strengthening the future talent pipeline
By fostering direct engagement between industry experts and students, the ABBL continues to invest in the next generation and support the growth and innovation of the banking industry.
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Hélène Lange
Head of Business Coordination
Published on 03 March 2025